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2 bed house for sale Cleveland Street, Great Ayton

Guide Price

£95,000

Added yesterday

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Tenure: Freehold

About this property

Perfectly positioned within the heart of the ever-popular village of Great Ayton, this charming two-bedroom character cottage presents an excellent opportunity for both first-time buyers and buy-to-let investors alike. Having enjoyed a strong and consistent rental history, the property is currently tenanted until 1st October, making it an attractive proposition for investors seeking an established rental property with immediate income potential. Alternatively, once vacant, it offers an ideal opportunity for a purchaser looking to create a charming first home, with scope to modernise and personalise to their own taste.

Council tax

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Location

Cleveland Street, Great Ayton

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Mortgage and stamp duty

Property price £95,000

£48k £143k

Deposit11% £10,000

£0 £95k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £85,000 mortgage. Most lenders would want a household income of about £19,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.